Gaming industry is a matured sector in the developed economies but, what India have say about it.
Sector Overview:
The retail gaming industry is segregated into mom and pop outlets and large format outlets. Gaming, is a crucial sector in the entertainment industry sizing upto and $48 billion globally. Of this the console and PC gaming contribute to 50% of its size and this gives us an estimate of how big the retail gaming market will grow into.
What do the players say about it?
Tha major and prominent players in this sector in India are Zapak, 7seas, Games2win, et al.
Zapak, Reliance's big entertainment online gaming arm has a positive feel about the growth of the sector. It has seen outstanding sales numbers in retail gaming through its gaming CDs. The number was about 200,000 units in 6 months. They are moving ahead by launcing 25 more titles.
7seas have also experienced a positive outcome out of the retail gaming sales. They agree with the idea that this industr provides quick returns in 6 to 12 months of time.
The related allies to this industry in India like the distributors of CDs and other publishers believe that this industry has a great growth potential in the coming years. Milestone Interactive which is one such distributor has an offering over 200 console games and about 60 titles in its portfolio. This industry has estimates of 20,000 console owners joining the community every month which would ripple down to lower price bands and more consumers.
Limitations:
With all the optimism this industry has a threat of piracy. Moreover, few players like Games2win have a sense that this is not all that lucrative as it looks as it needs huge capital (~$20 million) to sustain and pull up in this market.
Observation:
Retail gaming industry is going through a phase resembling the DVD rental market in India, though it has some more alarming factors to watch out for in the India economy like lack of computer education, low internet penetration and having crazy consumers as it is case for movies (DVD Rental).
Thursday, May 7, 2009
First online microfinance platform
I stumbled over an interesting student start up called KIVA.
This is a person-to-person micro lending online platform.
It has created great transperancy for the lenders to choose whom they wish to lend money. The website provides list of entrepreneurs all over the world, description of their business and loan amount they need.
Once the loan is made the lender can track the progress of the entrepreneur. He will receive his money back over time and can re-lend to the entrepreneurs on the website.
This starts from a small amount of $25 (~Rs.1000). Each $25 goes to a larger loan which helps the entrepreneurs in the developing economies to grow and establish their businesses. All the money crunch a developing economy experiences will be wiped out with this concept. It is very exciting for the entrepreneurs as well as the lenders.
This is a person-to-person micro lending online platform.
It has created great transperancy for the lenders to choose whom they wish to lend money. The website provides list of entrepreneurs all over the world, description of their business and loan amount they need.
Once the loan is made the lender can track the progress of the entrepreneur. He will receive his money back over time and can re-lend to the entrepreneurs on the website.
This starts from a small amount of $25 (~Rs.1000). Each $25 goes to a larger loan which helps the entrepreneurs in the developing economies to grow and establish their businesses. All the money crunch a developing economy experiences will be wiped out with this concept. It is very exciting for the entrepreneurs as well as the lenders.
Saturday, April 11, 2009
REAL INDIA
“Real India lives in the villages”, this was quoted by the first Indian Prime Minister Mr.Jawaharlal Nehru. This statement is true even today.
The United Nations has stated in 2008, that most countries in the world would see urbanization but, for India it would not be before 2050. The people, age-old culture, tourist wonders, the money making business opportunities all exist in the rural. The focus is slowly shifting from the urban to the rural; the government as well as private concerns are looking at the rural areas for growth and sustenance.
Rural India has been a great cushion during the days of financial downturn, which affected the entire world. We are still able to manage a positive GDP growth rate because of the promising opportunities and untapped avenues in the rural.
Though there seems to be a smooth road ahead, those convincing factors discussed in the high-end conferences do not seem to help the rural population. A revolution needs to be triggered; a new battle needs to be fought for the financial independence and freedom from bureaucracy.
There are two major occupations which provide livelihood to the rural people. One is agriculture which occupies the labour in the farm and the rich farmers who own farm land. To deal with the employment problems in this field the government has introduced NREGA (which is the focus in the upcoming article). The other major occupation is art and craft, which brings the involvement of small scale industry. Art and craft is diverse all through India and is dependent on the cultural aspects of the region. Hence, this area of work faces the problem of no sustainable employment, not even seasonal employment.
Rural Development organizations and especially Indian National Trust for Art and Cultural Heritage (INTACH) has brought out the need for more and more employment opportunities to be created for the rural folks. There is a need for entrepreneurial initiatives for in rural India, where the artisans can create employment for themselves and also employ other artisans involved in the craft.
The skills and abilities to enable self-employment are provided in abundance to the urban youth. Rural India is looking for help from urban folks to create better employment opportunities and revolutionize the economic and recruitment system prevailing in the rural areas. To add to this, the United Nations report also stated that “the focus for increasing employment opportunities should be in the non-farm sector”.
Let us start the revolution.
The United Nations has stated in 2008, that most countries in the world would see urbanization but, for India it would not be before 2050. The people, age-old culture, tourist wonders, the money making business opportunities all exist in the rural. The focus is slowly shifting from the urban to the rural; the government as well as private concerns are looking at the rural areas for growth and sustenance.
Rural India has been a great cushion during the days of financial downturn, which affected the entire world. We are still able to manage a positive GDP growth rate because of the promising opportunities and untapped avenues in the rural.
Though there seems to be a smooth road ahead, those convincing factors discussed in the high-end conferences do not seem to help the rural population. A revolution needs to be triggered; a new battle needs to be fought for the financial independence and freedom from bureaucracy.
There are two major occupations which provide livelihood to the rural people. One is agriculture which occupies the labour in the farm and the rich farmers who own farm land. To deal with the employment problems in this field the government has introduced NREGA (which is the focus in the upcoming article). The other major occupation is art and craft, which brings the involvement of small scale industry. Art and craft is diverse all through India and is dependent on the cultural aspects of the region. Hence, this area of work faces the problem of no sustainable employment, not even seasonal employment.
Rural Development organizations and especially Indian National Trust for Art and Cultural Heritage (INTACH) has brought out the need for more and more employment opportunities to be created for the rural folks. There is a need for entrepreneurial initiatives for in rural India, where the artisans can create employment for themselves and also employ other artisans involved in the craft.
The skills and abilities to enable self-employment are provided in abundance to the urban youth. Rural India is looking for help from urban folks to create better employment opportunities and revolutionize the economic and recruitment system prevailing in the rural areas. To add to this, the United Nations report also stated that “the focus for increasing employment opportunities should be in the non-farm sector”.
Let us start the revolution.
Thursday, March 26, 2009
Environment Conscious: Paper waste
Global Warming, acidification, waste lands, are the hot words being discussed now a days. Clean tech is the next big bubble most VCs and investors are watching out for....
People see a saucy opportunity in this field, especially in India. Here is a random overview about the recycling paper industry and activities happening around it.
For 80% of the 630 paper mills in India waste paper is a a key raw material. Ragpicking is a great occupation supporting this. Around 4.6 million tonne of waste paper gets imported from Europe every year.
India Opportunity: 8.5 million tonne of paper consumed every year in the country, only 1.4 million gets recycled back to the industry..ITC launched WOW in April 2007 which aims to inculcate a habit of segregating waste and increasing the level of recycling garbage.
Interesting startup: Daily Dump
More info on the following blogs
http://greentechindia.blogspot.com/
http://www.cleantechblog.com/2006/04/indias-growing-renewable-energy-market.html
People see a saucy opportunity in this field, especially in India. Here is a random overview about the recycling paper industry and activities happening around it.
For 80% of the 630 paper mills in India waste paper is a a key raw material. Ragpicking is a great occupation supporting this. Around 4.6 million tonne of waste paper gets imported from Europe every year.
India Opportunity: 8.5 million tonne of paper consumed every year in the country, only 1.4 million gets recycled back to the industry..ITC launched WOW in April 2007 which aims to inculcate a habit of segregating waste and increasing the level of recycling garbage.
Interesting startup: Daily Dump
More info on the following blogs
http://greentechindia.blogspot.com/
http://www.cleantechblog.com/2006/04/indias-growing-renewable-energy-market.html
OUTLIERS
Dear Friends,
I am reading the book OUTLIERS written by Malcolm Gladwell. Here is an excerpt from the book that turned like a driller into my head. The head is filled with strong ideas which make us feel that we are great or that we are not so great.
Especially as successful entrepreneurs we need to be always alert to help the budding entrepreneurs. You will know why when you read this excerpt.
Malcolm Gladwell says "I want to convince you that these kinds of personal explanations of success don't work. People don't rise from nothing. We do owe to something to parentage and patronage. The people who stand before kings may look like they did it all by themselves. But in fact they are invariably the beneficiaries of hidden advantages and extraordinary opportunities and cultural legacies that allow them to learn and work hard and make sense of the world in ways others cannot. It makes a difference where and when we grew up. The culture we belong to and the legacies passed down by our forebears shape the patterns of our achievement in ways we cannot begin to imagine. It's not enough to ask what successful people are like, in other words. It is only by asking where they are from that we can unravel the logic behind who succeeds and who doesn't.
Biologists often talk about the "ecology" of an organism: the tallest oak in the forest is the tallest not just because it grew from the hardiest acorn; it is the tallest also because no other trees blocked sunlight, the soil around it was deep and rich, no rabbit chewed through its bark as a sapling, and no lumberjack cut it down before it matured. We all know that successful people come from hardy seeds. But do we know enough about the sunlight that warned them, the soil in which they put down the roots and the rabbits and lunberjacks they were lucky enough to avoid?"
Hope the positive side of every entrepreneur is kindled.
I am reading the book OUTLIERS written by Malcolm Gladwell. Here is an excerpt from the book that turned like a driller into my head. The head is filled with strong ideas which make us feel that we are great or that we are not so great.
Especially as successful entrepreneurs we need to be always alert to help the budding entrepreneurs. You will know why when you read this excerpt.
Malcolm Gladwell says "I want to convince you that these kinds of personal explanations of success don't work. People don't rise from nothing. We do owe to something to parentage and patronage. The people who stand before kings may look like they did it all by themselves. But in fact they are invariably the beneficiaries of hidden advantages and extraordinary opportunities and cultural legacies that allow them to learn and work hard and make sense of the world in ways others cannot. It makes a difference where and when we grew up. The culture we belong to and the legacies passed down by our forebears shape the patterns of our achievement in ways we cannot begin to imagine. It's not enough to ask what successful people are like, in other words. It is only by asking where they are from that we can unravel the logic behind who succeeds and who doesn't.
Biologists often talk about the "ecology" of an organism: the tallest oak in the forest is the tallest not just because it grew from the hardiest acorn; it is the tallest also because no other trees blocked sunlight, the soil around it was deep and rich, no rabbit chewed through its bark as a sapling, and no lumberjack cut it down before it matured. We all know that successful people come from hardy seeds. But do we know enough about the sunlight that warned them, the soil in which they put down the roots and the rabbits and lunberjacks they were lucky enough to avoid?"
Hope the positive side of every entrepreneur is kindled.
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